J.P. Morgan's latest report predicts that the share of ASIC/XPU in AI accelerator unit shipments will rise to 54% in 2027, surpassing GPUs; it will rise further to 55% in 2028. It estimates that the customized AI ASIC market will be around 60 billion to 70 billion US dollars in 2026, and the compound growth rate will exceed 40% to 50% in the next few years. Currently, Broadcom and Marvell account for about 90% of the market, of which Broadcom is about 80% to 85%, and the market concentration is high.

J.P. Morgan's latest report predicts that the share of ASIC/XPU in AI accelerator unit shipments will rise to 54% in 2027, surpassing GPUs; it will rise further to 55% in 2028. It estimates that the customized AI ASIC market will be around 60 billion to 70 billion US dollars in 2026, and the compound growth rate will exceed 40% to 50% in the next few years. Currently, Broadcom and Marvell account for about 90% of the market, of which Broadcom is about 80% to 85%, and the market concentration is high.